Aquarian prints first new CLO in Gallatin series in more than year
A USD 399.80m US BSL CLO is the first new issue from Aquarian since the print of Gallatin X in August of last year

Aquarian buys minority stake in Obra
Obra Capital revealed in Monday that it had sold a minority equity ownership stake to Aquarian Holdings

Aquarian prints first new Gallatin CLO in over five years
Aquarian Credit Management has priced the first new issue from its Gallatin shelf of CLOs in over five years

Aquarian's Driscoll: It took six months from JP Morgan taking over Bear Stearns for the scale of the crisis to be revealed
At Creditflux's CLO Symposium in London in May, Justin Driscoll, chairman of Aquarian Credit Partners, sat down with Creditflux to discuss the outlook for the US CLO market

Beneath the triple C: US CLOs take a dip in the triple C as Europe watches from the sun lounger
The US CLO market bore the brunt of downgrades to triple C in July and August, with a total of $6.22 billion of paper affected. European CLOs enjoyed a more relaxing summer holiday, with only 1 name representing €33.88 million worth of bonds downgraded to triple C.  

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

Aquarian prints first CLO primary deal since Gallatin acquisition
Aquarian Credit Partners has priced its first CLO primary market transaction since acquiring the platform of Gallatin Loan Management earlier this year

US CLO pipeline: Carlyle and Blackstone aim for CLO-a-month 2021 as BlackRock goes for baker's quadruple
The Thanksgiving holiday has not dampened the US CLO market’s appetite as a flurry of deals are set to price in the next couple of weeks. That includes 18 new deals, 11 resets and seven refinancings in the US

Aquarian takes over Gallatin CLO platform
New York-based Aquarian Holdings has bought Gallatin Loan Management's CLO management business 

At least 2020 wasn’t dreadful for CLOs
Last year’s downturn was another in which CLOs survived and in many cases thrived as active management and Libor floors helped managers deliver 13%-plus returns to equity

Elements work against CLO managers in Q3
CLO equity distributions fell in Q3 largely due to factors, such as Libor mismatches, that CLO managers can’t control. But these headwinds could turn in favour of managers in the near future

Libor basis risk undermines Q3 CLO equity distributions
A technical issue for CLO Libor reset dates in April has hammered July equity payments, leading to a roughly 1% cut to equity cash flows for the second quarter